2023-11-17 05:00:00
Ten months following the aborted Britishvolt project, former Liberal Prime Minister Philippe Couillard has become one of the leaders of a young company that wants to develop aluminum-ion batteries, we have learned The newspaper.
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“Aluminum is very abundant here. We don’t need to go to the other side of the world to find them,” explains Journal the 31st prime minister.
This young Montreal company is called Eleqtrion. Its CEO is William Reynolds, formerly of Britishvolt, where Philippe Couillard was previously.
At Eleqtrion, Philippe Couillard holds the position of “chief strategy officer”.
“It’s a drum chemistry that is in its infancy,” he explains. He recalls that the Chinese are working on a sodium battery and that the Australians are also making one in aluminum. New battery technologies are emerging right now.
Supply issues
According to Philippe Couillard, there will be supply issues with lithium in the coming years, and therefore prices. As a result, electric vehicles will still be expensive, hence the interest in new technology.
Aluminum is interesting, according to the former head of government, because this resource is close to us, which might help us get closer to supply chains.
Some “90% of Canadian aluminum is produced in Quebec, which is the fourth largest producer of hydroelectricity in the world,” mentions the new company.
Screenshot of Eleqtrion website
No factory tomorrow
Au Journalhe explains that Eleqtrion is not on the verge of selling batteries, nor even of having its own factory, and that it is in its infancy.
This is why it has just formed a partnership with the École de Technologie Supérieure (ÉTS).
“We played ÉTS, because it is an excellent engineering school, to make prototypes. We will test them and perhaps show them to potential customers,” he says.
Philippe Couillard insists: Eleqtrion is not a big company, it is a start-up project.
“We must show the interest of private investors before asking the government for help in existing programs,” he concludes.
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